AMO Coin AMO to Myriad XMY Exchange

Crypto Pair Details: AMO to XMY

AMO Coin AMO

AMO is a blockchain infrastructure for the efficient exchange and sharing of all CAR DATA powering the next generation of automobiles. For car users, manufacturers, and relevant service providers, this means that data will no longer be under the centralized control of specific companies, but rather become public assets that allow for valuable services to be made available.

Myriad XMY

Myriadcoin is the first coin to implement five different Proof-of-Work hashing alrogithm in the same coin, namely Scypt, SHA256D, Qubit, Skein and Groestl. This multiple hashing algorithm serves to make mining fairer and encourage even distribution. Each algorithm has the same chance of solving the next block and has its own independent difficulty while using the same difficulty adjustment method. Each algorithm aims for a block generation time of 2.5 minutes. Any existing CPU,GPU and ASIC miners can be used to mine Myriadcoin. Over the five algorithms, a block should be found on average every 30 seconds. Every 967680 blocks, the block reward halves in order to reduce inflation. Difficulty is adjusted after every block. Myriadcoin was launched on 23 February 2014.

SOURCE: COINGECKO

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